InvestorsHub Logo
icon url

Bubae

11/14/22 11:22 AM

#44884 RE: mrsdoubtfire #44882

Stinky pinks. This one will be ready to play after the reverse split. There will be a lot of volatility working that offering to convert the immediate debt problems. It won't be ready until they sell it off around 50% of the post split valuation in my opinion.

If they got the note agreement worked out they may even sell this down to .0001 before the split. The professional fees are higher than the first 6 months of 2020 when they spent the summer reworking many notes. That period is detailed in the 31 debt related documents of the December 2020 8K. They could bag another $200K or so working this down to .0001. That is exactly what they did in early 2020 even converting notes as low as an average 0.00006 per share.

December 2020 Debt Restructuring 8K
https://sec.report/Document/0001721868-20-000600/

For the quarterly period ended March 31, 2020
https://sec.report/Document/0001721868-20-000426/

12. Stockholders' deficit
a) Common shares
Authorized, issued and outstanding

Between January 6, 2020 and February 27, 2020, the Company issued 1,316,679,078 shares of common stock in terms of conversion notices received from convertible note holders. The shares issued were issued below par based on the market price of the stock on the date of conversion and were valued at $531,005.

For the quarterly period ended June 30, 2020
https://sec.report/Document/0001721868-20-000454/

Between January 6, 2020 and February 26, 2020, in terms of conversion notices received, First Fire converted an aggregate principal amount of $83,902 into 308,100,000 shares of common stock at an average conversion price of $0.000272 per share.

Between January 15, 2020 and February 25, 2020, in terms of conversion notices received, Labrys Fund LP converted the aggregate principal sum of $8,936 and interest of $19,867 into 479,160,076 shares of common stock at an average conversion price of 0.00006 per share.

Between January 24, 2020 and February 27, 2020, in terms of conversion notices received, Power Up converted the aggregate principal amount of $41,400 into 453,800,493 shares of common stock at an average conversion price of 0.0000912 per share.


For the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/
Six months ended June 30, 2022
Professional fees - 161,736


For the quarterly period ended June 30, 2020
https://sec.report/Document/0001721868-20-000454/
Six months ended June 30, 2020
Professional fees - 137,050